Broker Investigation: Susan Walker

Susan Walker (CRD#: 1823041) is a former FINRA broker. From 2008 to 2013, Ms. Walker was a representative of Ameriprise Financial Services based out of a branch office Wayzata, Minnesota. In March of 2013, Ms. Walker was terminated from the brokerage firm after allegations that she misappropriated client funds.

Eventually, Ms. Walker was also barred by FINRA and she pleaded guilty to tax fraud and mail fraud charges. On September 19th, 2018, the Securities and Exchange Commission (SEC) filed a new complaint against former Ameriprise Financial Services broker Susan Walker seeking to permanently expel her from the securities industry.

Former Ameriprise Financial Services broker Susan Walker was sentenced to 88 months in prison for the financial advisor theft. She was also ordered to pay full restitution to affected investors. The SEC is now seeking to permanently bar Mr. Walker from engaging in the securities industry in any manner.

According to investigators, Susan Walker, along with another former Ameriprise representative named Barbara Stark, forged client signatures on dozens of brokerage firm forms. By doing so, they were able to obtain checks and wire transfers to their own personal accounts. Unfortunately, elderly and vulnerable investors were largely the targets of this fraud scheme.

Based on the evidence and information obtained in the criminal cases filed against Susan Walker, the SEC has concluded that she knowingly executed a scheme to defraud her brokerage customers out of money through materially false and fraudulent representations. In total, the SEC contends that Ms. Walker diverted more than $975,000 for her own personal use.

Contact Our Investment Fraud Lawyers Now

At Sonn Law Group, we advocate for the financial interests of investors. If you sustained illegitimate or fraudulent investment losses, please do not hesitate to contact our securities law attorneys for a confidential, complimentary case evaluation.

Disclaimer:This article contains opinions and NOT statements of fact in any way whatsoever. The information here is general information that should not be taken as legal advice. NO attorney-client relationship is established between you and our attorneys by reading this article. This article is attorney advertising and should not be used as a substitute for legal advice from a qualified securities lawyer.

Free Consultation

Contact our office today to discuss your case. You can reach us by phone at 844-689-5754 or via e-mail. To send us an e-mail, simply complete and submit the online form below.

First Name*

Last Name:**

Email*

Phone

Tell us about your case:*

Phone

This field is for validation purposes and should be left unchanged.

*Our firm, in some cases, advance costs and expenses of the case, and in that event, are recovered from the gross recovery of any settlement or verdict.

"I spoke to Mr Sonn on a complex legal matter. He was direct and asked all the questions that were relevant and provided me with very thoughtful feedback and some useful contacts. His demeanor was professional and pleasant and I would not hesitate to use him in future matters."-Sonn Law Group Client

The stockbroker and investment fraud lawyers at Sonn Law Group dedicate their entire practice to protecting the interests of investors who have lost money as a result of the negligent or wrongful conduct of those entrusted with protecting and growing our money. We fight to level the playing field between large corporations and the public investor.